Top historians, social and financial analysts are warning that the draconian austerity measures currently being prepared by governments in the west will cause riots and even revolutions as people react with fury in response to their jobs, savings, basic public services, pensions and welfare money being seized by the financial terrorists who caused the economic collapse in the first place.

British historian Simon Schama is a creature of the establishment and he makes it clear whose side he is on at the end of his recent column for the Bilderberg-controlled Financial Times entitled, The World Teeters on the Brink of a New Age of Rage. However, the fact that he is an elitist at heart only makes Schama’s predications all the more alarming. This is someone on the inside who is painfully aware of the fact that the imminent attempt on behalf of the globalists to enforce so-called “austerity measures” on the people of the west, which in reality is a euphemistic term for the next leg of the new world order, is not just going to cause riots and mass social unrest, but it could even lead to revolution if the elite allow the situation to spiral out of their control.

Schama’s forecast that “we might be on the threshold of an age of rage” is not to be taken lightly. This isn’t coming from Alex Jones, Max Keiser or Gerald Celente, it’s coming directly from a man considered to be Britain’s pre-eminent contemporary historian.

Schama writes that the coming austerity measures, particularly in America where anger “targeted at an elitist federal authority is raging through the US like a fever,” will require “Barack Obama to be more than a head tutor. It will need him to be a warrior of the word every bit as combative as the army of the righteous that believes it has the Constitution on its side, and in its inchoate thrashings, can yet bring down the governance of the American Republic.”

In other words, Obama will have to ditch “misplaced obligations of civility” and become an authoritarian enforcer in order to emerge successful against the rising tide of Constitutionalist rage that will be directed against the coming austerity fascism.

We’ve all seen the numerous videos of protesters in Greece rioting, fighting police, and even firebombing banks and killing people in reaction to the crippling austerity measures imposed by the government in the name of appeasing the mandates of the European Union’s near $1 trillion dollar bailout package. However, the establishment media as a whole has largely failed to identify precisely what those austerity measures are, and more importantly how they will almost undoubtedly lead to massive social dislocation in the UK and the United States when implemented.

The austerity measures currently being considered and indeed implemented in the UK and other European countries, with the United States not too far behind, can be summarized as follows.

– Massive cuts to public services that are two or three times larger in size than anything we’ve witnessed since the second world war.

– Both capping of and reduction of salaries for public sector workers that will inevitably lead to huge strikes, bringing whole countries to a standstill for weeks on end, further eviscerating any economic recovery. Public sector workers in France and Spain are already staging large industrial strikes. As we saw in Greece, strikes routinely lead to riots and violence.

– Shocking tax increases that if they mirror previous trends could amount to an astounding 98 per cent tax on all earnings over a low level of income. Such increases would virtually eliminate the middle class because all earnings over around £20,000 ($28,000) would almost entirely go straight to the government. Knowing that such exorbitant hikes would cause millions of people to try to evade tax, thousands of new tax inspectors are being hired to crackdown on evaders. In the United States, 16,000 new IRS agents were recently hired in anticipation of people avoiding massive tax hikes that are in the pipeline, as well as new taxes as a result of Obamacare, which will begin to be implemented in the coming years.

– Cuts in social welfare payments that will devastate the poor if they are already laboring under runaway inflation. The economically deprived will take to the streets with a mind set of nothing to lose if the government handouts they have become dependent on are drastically reduced.

– VAT increases for people who already pay some of the highest income tax levels in the world. Europeans are forced to pay a 15-25 per cent surcharge on the purchase of most items and services, and this stealth tax is only set to increase. Greece recently upped its VAT from 21 per cent to 23 per cent. In the United States, President Obama has made it clear that a value added tax is “still on the table” as the IMF also outlines plans for a financial transaction tax which amounts to yet another insidious stealth tax on consumption.

– Governments will try to seize pension funds by continually raising the retirement age so pensions are constantly kept out of reach until people die. In Greece, the government is linking the pension to the average life span index, so most people won’t even get it before they die. Strikes across France in response to similar proposals have closed schools, delayed flights and caused chaos.

– In many European countries, laws govern the amount of employees private companies can fire in any one period of time. In Greece, the number of people companies will be allowed to lay off has doubled from 2% to 4% of their work force. Taken to its extreme, this could double unemployment in the private sector, placing yet more strain on unemployment benefits, which will also be reduced, and driving people into poverty.

All of these measures have been implemented to one degree or another in Greece and we witnessed the consequences. What makes the situation far more terrifying is the fact that the austerity measures being readied for Europe and especially the UK are far more drastic than what the Greeks have been dealt.

The last time anything remotely this drastic was imposed in the UK post World War Two was in 1977 when public spending was cut by 4 per cent. This led to massive strikes, riots, bodies being left unburied, and the German chancellor declaring Britain “no longer a developed country”. This turmoil occurred just a few years after the UK government had imposed a three-day-week as a result of massive industrial strikes by coal miners in order to conserve electricity. The miners were on strike because the government had capped their pay in an effort to control soaring inflation, a repeat of which many warn is just around the corner as governments are forced to print trillions more money as part of quantitative easing programs.

Spending cuts as part of UK austerity measures are set to be more than double those imposed in 1977, at a level of 9 to 11 per cent. If people were rioting, leaving bodies unburied, and the country was being called “no longer developed” with just a 4 per cent spending cut, what are we to expect after a cut double or treble that amount? Not to mention the plethora of other draconian austerity measures that will accompany spending cuts.

Austerity fascism is the realization of the global elite’s agenda for a “post-industrial revolution,” after which living standards in the west will be dramatically lowered, economic growth will be stagnant, and people will be more concerned about how they are going to feed their families rather than standing up to the very financial terrorists who engineered the economic collapse in the first place.

However, a hungry mob is an angry mob. If the situation is allowed to spiral out of control and the “post-industrial revolution” unfolds quicker and more unwieldy than anticipated, the global elite may find themselves with an entirely different kind of revolution on their hands – one led by the people against the corrupt plutocrats intent on exploiting the suffering they masterminded in the move towards an authoritarian one world government.

A top investment banker has warned that the economic fallout of the sovereign debt crisis could get so nasty over the next five years that people would be wise to abandon the markets and instead buy land, barbed wire and guns.

With gold smashing through its all time record high this morning on the back of fears over a double dip recession, analysts are turning increasingly bearish on the markets. Anthony Fry, senior managing director at Evercore Partners, told CNBC that the bond markets could turn nasty over the next few months and said that the current problems created by the European debt crisis could be with us for at least five years.

“Look at the current situation. You have Greece, now you have Hungary and huge issues surrounding Spain and Portugal,” he said, warning of a “nightmare scenario” of hyper-stagflation, where inflation rises dramatically but asset prices deflate.

“I don’t want to scare anyone but I am considering investing in barbed wire and guns, things are not looking good and rates are heading higher,” said Fry.

“Over the next 6 months we will see private sector deflation pushing 10-year yields down to 2 percent,” he said. “This will see the policymakers mistakenly attempt to kick-start the economy and market with a global quantitative easing program worth between $10 and $15 trillion dollars.”

Janjuah pointed out that, while gold has dramatically risen in value over the last ten years, the S&P 500 and the Dow Jones have both remained flat over the course of a decade.

“Far be it for me to make a dicey situation dicier but you can’t smell the sulphur in the air right now and not think we might be on the threshold of an age of rage,” wrote historian Simon Schama in his recent Financial Times column.

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